The turnover of the wholesale of coal and related products in China is projected to decrease from 356.77 billion yuan in 2024 to 302.09 billion yuan in 2028. This marks a consistent downward trend, with a year-on-year decrease averaging around 4.1% annually. In 2023, the turnover stood higher, emphasizing a continued decline. The Compound Annual Growth Rate (CAGR) over the five-year period is negative, highlighting a sustained downtrend in the sector.
Future trends to watch for include:
- Potential policy shifts towards renewable energy and green technology.
- Global coal market dynamics affecting Chinese imports and exports.
- Technological innovations in coal efficiency or alternatives.
- Environmental regulations impacting coal production and distribution.
